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Housing loan interest cum principal repayment

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2012 IN MY CERTIFICATE THE PURPOSE OF LOAN IS MENTIONED AS IMPROVEMENT/RENOVATION.PLEASE LET ME KNOW WHETHER I CAN CLAIM PRINCIPAL REPAYMENT U/S 80 C.
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 July 2012 No. You can not claim. (But if you can prove that it is a HOUSING LOAN in first and then the sub category is improvement/ renovation, then you have a good case of claiming 80C
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
25 July 2012 yes i agree with amol s reply
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